Streetbeat News

Partnerships

DNN

GRDAF

Grounded Lithium Corp. (GLC) has entered into a strategic investment agreement with Denison Mines Corp (Denison), where Denison can earn up to a 75% interest in the Kindersley Lithium Project (KLP) by funding up to CAD$15.15M. The funds will advance the KLP, including a field pilot and other project expenditures. Denison will also become the KLP operator and has purchased a 5% gross overriding royalty on the KLP for CAD$800,000, which may reduce to 2% and be eliminated under certain conditions. The agreement includes three earn-in options, with Denison funding 100% of KLP expenditures during the earn-in period. The deal is subject to TSX Venture Exchange approval and GLC shareholder consent.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 3:05 pm

AAPL

GS

Goldman Sachs CEO stated in a conference call that the company is working on reducing the drag from its partnership with Apple and is making progress.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 3:02 pm

ELAB

INMB

ELEVAI Labs' stock price has increased following the announcement of an exclusive, worldwide manufacturing and processing technology licensing agreement with INmune Bio.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:54 pm

AAPL

MSFT

QQQ

Microsoft CEO Satya Nadella is satisfied with the company's partnership with OpenAI, indicating no desire for greater control despite a $13 billion investment. Microsoft has integrated ChatGPT technology into its products and maintains its own AI development. Nadella sees AI as key to future hardware development. Microsoft surpassed Apple as the most valuable company but Nadella views market cap as a lagging indicator, focusing instead on innovation. Analysts from Piper Sandler and Mizuho maintain positive ratings on Microsoft, seeing the OpenAI partnership as strategic for AI leadership. Microsoft's stock outperformed Invesco QQQ Trust last year and traded higher in premarket.

Portfolio Pulse from Anusuya Lahiri

January 16, 2024 | 2:41 pm

AAPL

DIS

Disney+ has announced a collaboration with Apple to bring its streaming service to Apple Vision Pro, promising a new era of storytelling innovation and immersive entertainment. This partnership is expected to enhance the viewing experience for Disney+ subscribers by leveraging the advanced technology of Apple Vision Pro.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:19 pm

KTOS

VLD

Kratos Defense & Security Solutions, Inc. (KTOS) has purchased a Velo3D Sapphire printer to enhance its technology development and supply chain efficiency. The printer will be used by Kratos SRE, a subsidiary of KTOS, to produce metal parts rapidly and cost-effectively, supporting the defense industry's evolving needs. Kratos SRE has previously used Velo3D's solutions through its Contract Manufacturer Network. Velo3D, Inc. (VLD) is recognized for its metal additive manufacturing technology, which is now STIG compliant, allowing connection to the DoD's SIPRNet. Both companies will attend the Military Additive Manufacturing Summit in Tampa, where Velo3D will present.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:11 pm

TBLA

Taboola has entered into an agreement with Postmedia, where Postmedia will use Taboola's suite of products to enhance audience growth, user engagement, and revenue generation. Taboola's technology, including Taboola Feed and Homepage For You, will be integrated into Postmedia's Canadian news websites such as National Post and Toronto Sun. The partnership aims to leverage Taboola's AI-driven analytics platform, Taboola Newsroom, to provide insights for creating engaging content.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:07 pm

AAPL

Apple announced the launch of Apple Vision Pro, a new entertainment device with high-resolution micro-OLED displays, Spatial Audio, and the R1 and M2 chips for performance. It introduces visionOS, which blends digital content with physical space, and supports apps and streaming services like Apple TV+, Disney+, and others. Vision Pro offers a personal theater experience, 3D movies, and Apple Immersive Video with 180-degree 3D 8K recordings. It also features new apps like Encounter Dinosaurs and content from the App Store and Apple Arcade.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:06 pm

TPG

TPG Growth, part of TPG (NASDAQ:TPG), is set to invest up to $228 million in Sayari, a risk intelligence provider. This strategic majority investment will support Sayari's global expansion and the launch of a new AI-powered supply chain platform in 2024. Sayari has experienced rapid growth and is trusted by government agencies and large companies. The deal, which will see Sayari's founders and investors retain significant stakes, is expected to close in Q1 2024, subject to regulatory approvals. TPG's investment reflects its long-standing interest in information services and government technology sectors.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:04 pm

SNX

TD SYNNEX (NYSE:SNX) has reached a significant milestone with over 2,000 partners engaged in its Enablement Journey for Copilot for Microsoft 365, and more than 500 individuals certified in the program. The expansion of Copilot for Microsoft 365 to cloud solution providers reflects the industry's readiness to embrace generative AI and its transformative potential. TD SYNNEX's Enablement Journey provides technical, operational, and cultural guidance to partners, supporting enhanced collaboration and productivity. Microsoft commends TD SYNNEX's efforts in leading AI transformation and expanding Copilot's availability.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 2:03 pm